Red Current Ratio from 2010 to 2024

RCAT Stock  USD 7.30  0.93  14.60%   
Red Cat Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 0.29 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
6.13441565
Current Value
0.28647854
Quarterly Volatility
4.47670075
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Red Cat financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red Cat's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Interest Expense of 0.0 or Selling General Administrative of 1.6 M, as well as many indicators such as Price To Sales Ratio of 1.4 K, Dividend Yield of 0.0 or Days Sales Outstanding of 14.87. Red financial statements analysis is a perfect complement when working with Red Cat Valuation or Volatility modules.
  
Check out the analysis of Red Cat Correlation against competitors.

Latest Red Cat's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Red Cat Holdings over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Red Cat's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Red Cat's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 11.24 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Red Current Ratio Regression Statistics

Arithmetic Mean3.14
Geometric Mean0.60
Coefficient Of Variation142.54
Mean Deviation3.61
Median0.76
Standard Deviation4.48
Sample Variance20.04
Range14.5024
R-Value0.24
Mean Square Error20.30
R-Squared0.06
Significance0.38
Slope0.24
Total Sum of Squares280.57

Red Current Ratio History

2023 6.13
2022 6.76
2021 10.23
2020 0.35
2019 0.38
2017 0.29
2016 14.51

About Red Cat Financial Statements

Red Cat shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although Red Cat investors may analyze each financial statement separately, they are all interrelated. The changes in Red Cat's assets and liabilities, for example, are also reflected in the revenues and expenses on on Red Cat's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 6.13  0.29 

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Additional Tools for Red Stock Analysis

When running Red Cat's price analysis, check to measure Red Cat's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Red Cat is operating at the current time. Most of Red Cat's value examination focuses on studying past and present price action to predict the probability of Red Cat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Cat's price. Additionally, you may evaluate how the addition of Red Cat to your portfolios can decrease your overall portfolio volatility.